Rupee softens after record gain, closes at 86.08 to dollar, traders...

Rupee softens after record gain, closes at 86.08 to dollar, traders eye trade cues and RBI data

Posted

The rupee edged down 3 paise to 86.08 against the dollar, reversing some of the previous day's gains due to a stronger dollar and foreign fund outflows. Despite this dip, domestic equities surged, with the Sensex jumping 700 points. Investors are now awaiting key economic data, including current account figures and industrial production numbers, for further market direction.

Read Full Article

Please log in to like, share and comment!

International

Trump vs the Bench: Why is Trump administration suing Maryland federal judges?

The Trump administration sued Maryland's entire federal court bench over a standing order pausing...

By 0 9

International

Joe Biden 'cognitive decline' case: Jill Biden's top aide backs out of interview with probe panel

Anthony Bernal, a top aide to Jill Biden, has withdrawn from his House Oversight Committee...

By 0 10

National

The Ethics of Carbon Pricing

In 2009, US President Barack Obama appointed Harvard Law School Professor Cass Sunstein to be the...

By 0 12

Entertainment

'Dune' director Denis Villeneuve to helm next James Bond film

Denis Villeneuve will direct the next James Bond film. AmazonMGM announced this news. Villeneuve...

By 0 47

Entertainment

'Housefull 5' inches closer to Rs 180 crore

Akshay Kumar's 'Housefull 5' continues its box office run. The film is close to earning Rs 180...

By 0 47